WATCH HOUSE, MILLENDREATH, LOOE, PL13 1NY - £197,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WATCH HOUSE is a large detached house of 159m², which could now be worth an estimated £326,653. It was last sold for £197,000 in August 2005, which was around 25% below the average August 2005 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

WATCH HOUSE Sold Prices

Land registry data shows three sales for WATCH HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three WATCH HOUSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 30 AUG	£197,000	£263,688	25% below HPI
2003 5 JUN	£139,000	£213,926	35% below HPI
1998 13 MAR	£25,000	£87,852	72% below HPI

WATCH HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three WATCH HOUSE sales between March 1998 and August 2005 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2005 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might WATCH HOUSE be worth now?

WATCH HOUSE might now be worth an estimated £326,653.

This is based on house price inflation of 65.8%, between August 2005 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.8% inflationary increase is applied to the most recent sale price for WATCH HOUSE of £197,000 on 30th August 2005. For the value to have increased from £197,000 to £326,653 over the twenty years and six months to February 2025, the following assumptions must hold true:

• The value of WATCH HOUSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2005 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of WATCH HOUSE has not materially changed since August 2005.

How Large is WATCH HOUSE?

WATCH HOUSE is 159m² according to the EPC inspection conducted in February 2015. This puts it in the largest 30% of detached houses houses in Looe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Looe, and where WATCH HOUSE lies on this distribution: 74% of detached houses houses are smaller than WATCH HOUSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Looe.

WATCH HOUSE: Plot and Title Map

WATCH HOUSE sits on a plot of roughly 0.304 of an acre, or 1,231m². The below map shows the location of WATCH HOUSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of WATCH HOUSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is WATCH HOUSE?

WATCH HOUSE is located in MILLENDREATH, in the PL13 postcode district. The below map shows the position of WATCH HOUSE in MILLENDREATH.